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Dec 13, 2012
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to me, doing research here, the irs has 36 obama white house aids, owe 833 # -- $83 #3,000 in back taxes. they still have jobs. neil: legitimate taxes there, but i am curious bout this. raised a good point as did katrina on -- when i got out of school, if you went into government, it was like the peace corp., a good service thing to do, didn't expect to get rich, but it was like a righteousness to it. now, katrina's right. there's money to be made going into government, and security to be found in government. >> average federal workers earn $32,000 more than the average private sector worker, and i think there's just resentment towards federal workers because they are protected, because the administration is adding them. we see it every month. neil: in other words, you're here to serve us, not us you. what do you think of that, katrina? >> well, i also think a lot of small businesses, and business in general, a lot of times, get, you know, a bad wrap in the press, and as an entrepreneur, i started the business from scratch. i worked at the library in college to pay for my education, maki
to me, doing research here, the irs has 36 obama white house aids, owe 833 # -- $83 #3,000 in back taxes. they still have jobs. neil: legitimate taxes there, but i am curious bout this. raised a good point as did katrina on -- when i got out of school, if you went into government, it was like the peace corp., a good service thing to do, didn't expect to get rich, but it was like a righteousness to it. now, katrina's right. there's money to be made going into government, and security to be found...
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Dec 13, 2012
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we want to let you know speaker boehner left the capitol and on his way to the white house right now. in this debate, in one corner ceos of some of america's biggest corporations that pay corporate tax rates and the other? entrepreneurs who pay their business taxes at individual rates because they have some type of pass-through entity like a partnership. ceos are lobbying for tax reform that would lower corporate rates. meantime the president wants to raise personal rates on higher income families which would hit some small business owners. small business advocates were shocked this week when the business roundtable endorsed raising personal rates as one way to help avoid the fiscal cliff. the roundtable reversed its opposition to that citing its fear of falling off the cliff. its letter was signed by 168 ceos. the national federation of independent business which represents 350,000 small companies went ballistic. >> taking from peter to pay paul. you're ignoring one huge segment of the economy, the small, to mid-size business sethment which is about 37% of netbusiness income, employe
we want to let you know speaker boehner left the capitol and on his way to the white house right now. in this debate, in one corner ceos of some of america's biggest corporations that pay corporate tax rates and the other? entrepreneurs who pay their business taxes at individual rates because they have some type of pass-through entity like a partnership. ceos are lobbying for tax reform that would lower corporate rates. meantime the president wants to raise personal rates on higher income...
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Dec 7, 2012
12/12
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needs to invite jeffrey hillman to the white house. he needs to talk to the man with no shoes. he needs to see what is actually happening in this country. got to get real about government spending. and that's the memo. now for the top story tonight and this is incredible. the pennsylvania department of public welfare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? because of entitlements. joining us now from our new york studio fox business anchor lou dobbs. so, lou, explain, this please. >> well, bill, first i think we have got to give great credit as you mention to the department of public welfare in pennsylvania they are being honest and straightforward and i wish the federal government as i know you do would listen. think about these benefits being received by this woman. 25,000 in a take home salary of $57,000. you add to that all of the expenses that we go through whether it's child care, whether it is transportation. in the instance one par
needs to invite jeffrey hillman to the white house. he needs to talk to the man with no shoes. he needs to see what is actually happening in this country. got to get real about government spending. and that's the memo. now for the top story tonight and this is incredible. the pennsylvania department of public welfare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? because of entitlements. joining us now...
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Dec 10, 2012
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. >> it certainly does give weight and explanation for the white house argument, the reason they have not gopten more involved in actually arming and supporting those rebels on the groubd in syria. very complicated situation. nick payton walsh, thank you very much. >>> president obama promoting his plan to avoid the so-called fiscal cliff. he's taking his message to the american people. he landed in detroit a couple of minutes ago. he's going to talk to workers at the detroit diesel corporation shortly. they make diesel engines. we'll bring you the president's remarks live as soon as they start. >>> they met back in 1977, but the relationship was considered taboo until now. we'll take with jane and penny about becoming the first same sex couple to get their marriage license in washington states. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do >>> celebrating and tieing the knot, same-sex couples gather to say i do to make uns legal. folks in maryland and maine have to wait a few weeks, but the new law in washington state went into effect on th
. >> it certainly does give weight and explanation for the white house argument, the reason they have not gopten more involved in actually arming and supporting those rebels on the groubd in syria. very complicated situation. nick payton walsh, thank you very much. >>> president obama promoting his plan to avoid the so-called fiscal cliff. he's taking his message to the american people. he landed in detroit a couple of minutes ago. he's going to talk to workers at the detroit...
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Dec 10, 2012
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statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good wages and good benefits. and he opposes attempts to -- he opposes attempts that -- can we change the graphic? >> it is up on the screen. >> he opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped build a strong middle class and strong american economy. that has come from matt lairic before the president's speech there. polls show michiganders are torn, divided on this measure. some polls show a little bit of majority support on the effort. but the president is coming down squarely on the side of unions here. and he -- there is leave nothing room for doubt where he stands, brooke. >> that's what we're hearing, what you're getting from the white house today and certainly we don't know, but perhaps the president will mention what is happening not too far away in lansing. let me ask you, jessica, the fis
statement, president obama has long opposed so-called right to work laws and he continues to oppose them now. the president believes our economy is stronger when workers get good wages and good benefits. and he opposes attempts to -- he opposes attempts that -- can we change the graphic? >> it is up on the screen. >> he opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped...
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Dec 12, 2012
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first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cli. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white house folks s there's a sign of movement. a senior huse aide says the evite house reduc the and the white house has reduced itsm demand for tax revenue increases from just under to fund the store one-and-a-half to will sort of the latest republican billio offer of $800 billion.e there is anfother offer on the t table from republicans. the details are known.ys the spokesman said the white house got up counter offer tois. solve our looming debt crisis. we are still waiting for the white house to identify what pet spending cuts the president is willing to make as part of the balanced approa
first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cli. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the...
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Dec 11, 2012
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. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says he's flexible. >> i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. >> so are some republicans to save tax breaks for the middle class now and deal with the wealthy later. let's recognize reality, take care of as many people as we possibly can. >> polls show more taxpayers will blame republicans if taxes go up. that's increasing the odds of a year-end deal. >> it's a better than 50/50 chance, and there's a very good chance that we'd be able to avoid a lot of the fiscal cliff. >> behind the scenes negotiations continue today. republicans say they're waiting for the president to outline more spending cuts. the three big issues, tax rates, entitlement reform, medicare and social security, and whether to raise the debt ceiling. we're abo
. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says he's flexible. >> i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. >> so are some republicans to save tax breaks for the middle class now and deal with the wealthy later. let's recognize...
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Dec 6, 2012
12/12
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spoke on the phone last night with the speaker of the house. neither the white house nor the office of john boehner is talking about that conversation. and officials say there's no immediate plan. tax hikes and deep spending cuts are set to kick in on the 1st of january. with 26 days left, the white house is telling federal agencies and the pentagon to get ready for massive cuts if they can't find an agreement. >> other big story this morning, a gun is found inside a student's locker in a fairfax county school. >> school officials say there was never any danger to the students or staff. melanie is live this morning with more. >> reporter: well, tony, students are settling in to their classes and continuing to monitor the situation to ensure the safety of staff and students. still neither they nor police have publically said what led to the student bringing the weapon to school. administrators were the ones who found the gun. investigators say there was an ammunition magazine in the weapon but didn't lead details about what led officials to that
spoke on the phone last night with the speaker of the house. neither the white house nor the office of john boehner is talking about that conversation. and officials say there's no immediate plan. tax hikes and deep spending cuts are set to kick in on the 1st of january. with 26 days left, the white house is telling federal agencies and the pentagon to get ready for massive cuts if they can't find an agreement. >> other big story this morning, a gun is found inside a student's locker in a...
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Dec 10, 2012
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with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one thing, and that is that they will keep their negotiations behind closed doors. the men released this identical statement, saying this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on
with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one...
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we are here whether this might make the white house move even more quickly on climate change. melissa, what do you think? >> it's funny there's al gore bbying cocktails at the president from this podium. he said the atmosphere was an open sewer, a fabulous image. incredible. in the speech, i watched the whole thing, he briefly -- neil: you did? >> yeah. he briefly mentioned the people who, you know, lost everything in their lives, no word about thfolks on this show and the other show who are still without everything. i mean, he was just focused on using this, you know, as a political jumping off point for climate change. neil: seeing through the ears -- >> that's cruel. neil: former weight -- that i know, mr. mr. vice president, il leave you alone own that. leaving aside how to make a storm to use it as a point, accurately or not, i wonder if the administration to keep the base in line and happy does speed up whatever it has to do on climate change. i don't think obama is that concerned with issues that are left, so to say, of him, like gun control. neil: any left? >> a few. a
we are here whether this might make the white house move even more quickly on climate change. melissa, what do you think? >> it's funny there's al gore bbying cocktails at the president from this podium. he said the atmosphere was an open sewer, a fabulous image. incredible. in the speech, i watched the whole thing, he briefly -- neil: you did? >> yeah. he briefly mentioned the people who, you know, lost everything in their lives, no word about thfolks on this show and the other...
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Dec 12, 2012
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president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in an interview with abc news, the president says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off, american families will be much better off, f we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1, and i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> and you can see president obama's full inter
president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in...
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at some point the leadership ip the senate and the house will sign onto expending president obama's eidea to take over. >> he will set the tone for whatever the issue will be. i'm not sure i would use a retre retreat. >> would a resection about extending the tax cuts. >> i can't answer that question. when did we stop talking about who those people paying the taxes would be. many of those almost one miggion are small business people and not create more jobs hurting economic growth and i think that is what you have to focus on when you talk about race iing w. >> i understand the point. in these negotiations the pras seems to have the or the rich t cuts. >> we haven't tualked enough about what it will mean to the economy. we have to care about who gets hit by it. we have to begin thinking about it. >> not an ees asy thing to do. we called it decoupling. again, i don't peak for anybody but myself. my point is we need to remind people that there are three things the small business person and where is the spending cut? >> one last one, the gop will be claimed if all of the tax carts experbecaus
at some point the leadership ip the senate and the house will sign onto expending president obama's eidea to take over. >> he will set the tone for whatever the issue will be. i'm not sure i would use a retre retreat. >> would a resection about extending the tax cuts. >> i can't answer that question. when did we stop talking about who those people paying the taxes would be. many of those almost one miggion are small business people and not create more jobs hurting economic...
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Dec 12, 2012
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we know president obama and house speaker boehner sat down for a no cameras meeting over the weekend. the competing offers come after both sides aired sharp differences on the house floor. watch. >> where are the president's spending cuts? the longer the white house slow walks this process the closer the economy gets to the fiscal cliff. >> where are the revenues? where are the revenues? regardless of the cuts or changes of entitlements more is demanded in terms of what seniors would have to pay in to a medicare and what age that would happen. while the republicans refuse to touch one hair on the head of a the wealthiest people in our country. >> when it comes to taxes the top senate republicans said it was time for his party to give in and move on. >> what the president is trying to the achieve on the top two tax rates, you know, he can get by doing nothing. the law is certainly stacked in his favor. >> sharing the view a tack increase is all but inevitable. >> senator coburn is joining us now. you have said the tax rates are going up on the wealthiest 2% of a americans. it sounds li
we know president obama and house speaker boehner sat down for a no cameras meeting over the weekend. the competing offers come after both sides aired sharp differences on the house floor. watch. >> where are the president's spending cuts? the longer the white house slow walks this process the closer the economy gets to the fiscal cliff. >> where are the revenues? where are the revenues? regardless of the cuts or changes of entitlements more is demanded in terms of what seniors...
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Dec 11, 2012
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and house speaker boehner meeting ooer the weekend. whose views the numbers will prevail. well, i'll show you how much it matters to the nation in tonight's chalk talk. that's coming up next. look, if you have copd like me, you ow it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spirivhelps control my copd sytoms keeping my airways open for 24 hours. pl, it reduces copd flare-ups. spiriva is the only once-daily inhad copd maintanceflare-ups. treatment that does both. iriva handihaler tiotropium brome inhalation powr does not replace fast-acting inhale for sudden symptoms. tell ydoctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may woen with spiva. discuss all memedicines you take, even eye drops. stop takg spiva and seek immediate dicahelp if your breathing sudden worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side eects include dry mouth and constipation. spiriva helps me breat
and house speaker boehner meeting ooer the weekend. whose views the numbers will prevail. well, i'll show you how much it matters to the nation in tonight's chalk talk. that's coming up next. look, if you have copd like me, you ow it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spirivhelps control my copd sytoms keeping my airways open for 24 hours. pl, it reduces copd flare-ups. spiriva is the only once-daily inhad copd maintanceflare-ups....
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Dec 11, 2012
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we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting for something, too, john. he's waiting for the republicans to identify the specific details of that $800 billion of revenue they're willing to offer. what are the specifi
we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions...
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Dec 10, 2012
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the whites house. it was transplanted to the white house days before the hurricane. look at that. it is cool. it made ithrough unharmed. obama was saying santa claus is coming to town. this is the tree outside. gus what? there are 54 more of them inside the house. than last year. there is one tree dedicated just to the obama family dog, bo. of course 100 pound gingerbread house has working chan dell leers. with the country in budget crisis and many in the northeast not able to get a christmas tree this year thanks to sandy, you would think they would tone it down a little bit. that's what i think. we want to know what you think. does the white house need 54 christmas trees? log on to gerriwillis.com and vote on the right-hand side of the screen. i will announcethe results at end of the show. with all the talk about the white house christmas tree and rockefeller christmas tree you would think they're the bigge and brightest around but they areot. here are the top five tallest christmas trees in the coun
the whites house. it was transplanted to the white house days before the hurricane. look at that. it is cool. it made ithrough unharmed. obama was saying santa claus is coming to town. this is the tree outside. gus what? there are 54 more of them inside the house. than last year. there is one tree dedicated just to the obama family dog, bo. of course 100 pound gingerbread house has working chan dell leers. with the country in budget crisis and many in the northeast not able to get a christmas...
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also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. i think that's what's key. >> be sure to tune in tomorrow for the fiscal cliff coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much better. they're still 35% chance it will not happen. it's not exactly confidence building. >> not necessarily
also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff...
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at is of the whte house is leveling the republican unteroffer to avert the fiscal iff. president obama try this and saying there is no deal without tax hikes on the ridg with more on this,republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to askyou aout this story that has been reaking this atrnoon. apparently the president will meet with what they're calling progressive tlk-sw hst i think this is a lot of tlent. it will parade through the white house. the president will sit down with them. are u getting the sense here that maybe the president is meeting with a few too many ople? should we stet the job on the fiscal cliff? >> i could not agree more. felt verydiscouraged the presidet this been more time c campaning thathe did of the begiing of his campaign. we need to have serious negotiations. we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with ourleaer, the speaker, and talk seriously about these plans. gerri: small busess, big business. the governor. wh
at is of the whte house is leveling the republican unteroffer to avert the fiscal iff. president obama try this and saying there is no deal without tax hikes on the ridg with more on this,republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to askyou aout this story that has been reaking this atrnoon. apparently the president will meet with what they're calling progressive tlk-sw hst i think this is a lot of tlent. it will parade through the white...
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. >> you understand that obama is the owner of the country financial future. lou: day q4 being with us. baby it is cold outside. staten island knows it because soon they will feel it. bundle up once the temporary housing goes the chance to feel the season begins. i am neieil cavuto and those senators heaping prae had to know of the fast proaing -- approaching deadline this week a heap of trouble that did not stop politicians from heaping praise on those victims. >> the federal government sponded promptly and decisively. >> response has been robust. >> thank you for being such a strong leader. >> i am grateful f the productive conversations we have had. >> complement our e emergency responders they did an incredible job. neil: bidding aside the idiocy oo these remarks but the incredibly bad timing for thousands of out homes better in hotels and temporary housing. we hear th a government will take the punch bowl away when the shelter coverage ends despite their prediction from the government hself it may be months before they have a home. it seems sought on afte
. >> you understand that obama is the owner of the country financial future. lou: day q4 being with us. baby it is cold outside. staten island knows it because soon they will feel it. bundle up once the temporary housing goes the chance to feel the season begins. i am neieil cavuto and those senators heaping prae had to know of the fast proaing -- approaching deadline this week a heap of trouble that did not stop politicians from heaping praise on those victims. >> the federal...
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is decorated and from the looks of it the obamas will have a fun holiday. >> the white house is ready for christmas. today first lady michelle obama has given a tour and that is not it. >> there's been a lot of soul searching going on at fox news. and i am confident that they eventually will find one. >> i think they park better than i do. >> psy said some anti-american things. ♪ >> no big deal. we don't believe psy. >> controversy erupts after president obama embraces a rapper once calling for the death of innocent americans. >> he was caught on camera shaking his hand. he's not going to stand up for our brave men and women in the military? that's pretty sad. >> we have specifics coming out of our eyeballs. i'm very confident we can take the smat. we're doing to win this race because people know we need a better future for this country and i don't think people are hoping for four more years of this mess. >> let's get to our panel. jonathan capehart is an msnbc contributor and karen finney is an msnbc political analyst and the former director of communications at the dnc. karen, the
is decorated and from the looks of it the obamas will have a fun holiday. >> the white house is ready for christmas. today first lady michelle obama has given a tour and that is not it. >> there's been a lot of soul searching going on at fox news. and i am confident that they eventually will find one. >> i think they park better than i do. >> psy said some anti-american things. ♪ >> no big deal. we don't believe psy. >> controversy erupts after president...
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the wealthy and to eliminate the houses debt ceiling leveraged. joining us now from washington d.c., peter wallace, former reagan white house counsel, former member of the financial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe there going or the cliff. >> i think their is a real danger of this. one can see a path for obaaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the democrats have an opportunity to introduce legislation to reduce the taxes for 98 percent of the people leaving the wealthier people, i guess you could call them wealthy, the top two percentage to stay at the high rates. it is possible to do this. lou: it is posible, but i have to ask you, surely the republicans have to understand and had understand six months ago what what transpired in this lame duck session of congress? what this president oud press forward to. the fiscal cliff, the result of sequestration and agreements between the two paries, capitol hill and the w
the wealthy and to eliminate the houses debt ceiling leveraged. joining us now from washington d.c., peter wallace, former reagan white house counsel, former member of the financial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe there going or the cliff. >> i think their is a real danger of this. one can see a path for obaaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the...
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it seems to me that boehner is increasingly des sfroot try to get something out of the white house. if you look what the we now learn on the tuesday night conversation, they were emphasizing how far apart they were. and the reality is that obama has a very, very strong hand here, doesn't he, because if we go over the fiscal cliff and all taxes go up, he just on day one of congress comes back to them and says, okay, i now want to pass legislation to cut taxes for those earning less than 250,000. what are the republicans going to do not pass a tax cut? it seems to me that he has got all the cards here. >> well, more and more republicans are coming to that conclusion, simon. we saw even yesterday, john cornyn, very conservative senator of texas, chaired the senate campaign committee said at the end of the day, we are going to have to extend these tax cuts for people under $250,000 bob corker said the same thing, tom cole in the house said the same thing h the question's going to be how do you get members of the house republican caucus to vote that way? many of them are from very conser
it seems to me that boehner is increasingly des sfroot try to get something out of the white house. if you look what the we now learn on the tuesday night conversation, they were emphasizing how far apart they were. and the reality is that obama has a very, very strong hand here, doesn't he, because if we go over the fiscal cliff and all taxes go up, he just on day one of congress comes back to them and says, okay, i now want to pass legislation to cut taxes for those earning less than 250,000....
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lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the n
lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end...
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back at the ranch, the white ranch, otherwise known as the white house, breaking news. obama administration saying minutes ago saying it has seen no movement from republicans on the key issue of raising tax rate on the top 2% of u.s. earners. let's get to john who is at the white house. are we at a stalemate in the cliff talks now? >> that is certainly how it appears at the moment. looks like we will get to the end of the week without any sort of break through on the fiscal cliff. it is always impossible, mandy, to tell what is happening below the water line that is not vice inl to us right now. but jay carney just came into the briefing room and said republicans hadn't moved on the key issue of higher tax rates. and until that happens, the white house has made it clear they are not going to bargain in a serious way on entitlement programs. they are trying to crack republicans, break republicans on that point. republicans have been in the process of cracking. you've seen high profile republicans come out and say, we need to concede this point. but that not true among th
back at the ranch, the white ranch, otherwise known as the white house, breaking news. obama administration saying minutes ago saying it has seen no movement from republicans on the key issue of raising tax rate on the top 2% of u.s. earners. let's get to john who is at the white house. are we at a stalemate in the cliff talks now? >> that is certainly how it appears at the moment. looks like we will get to the end of the week without any sort of break through on the fiscal cliff. it is...
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just a day at a meeting speaker john boehner at the white house, president obama extended a little olive branch in avoiding the fiscal cliff. >> i have said i will work with republicans on a plan for economic growth, job creation and reducing our deficits. and had some common western democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> the white house would not disclose any details of the meeting with the president and the speaker yesterday. both sides confirming communications are open. speaker john boehner saying discussions are taking place. liz: maybe the fact they're keeping quiet may mean something is really going to happen. keep dreaming. >> does politics have to watch out what is happening in silicon valley. apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-comp
just a day at a meeting speaker john boehner at the white house, president obama extended a little olive branch in avoiding the fiscal cliff. >> i have said i will work with republicans on a plan for economic growth, job creation and reducing our deficits. and had some common western democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> the white house would not disclose any details of the meeting with the president...
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in fact, even when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the two of you didn't even speak. what's it going to take to get the two of you in a room to hash this out? >> well, speaker boehner and i speak frequently, and i think the issue right now -- >> when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> as i mentioned, the american people want the people they elected to sit down together, work it out. a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an i
in fact, even when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the two of you didn't even speak. what's it going to take to get the two of you in a room to hash this out? >> well, speaker boehner and i speak frequently,...
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we have just 20 days left for the obama administration and house speaker boehner's office to reach a deal on the fiscal cliff. while talks continue privately between both, no public details of progression toward the compromise have been released. in the last hour, our guest, tony fratto who is the former press secretary and jerry bernstein agreed that we would likely get some sort of a deal, just perhaps not in a form that was widely expected. joining us right now is the first of many lawmakers we'll be speaking with today, texas congressman jeb hensarling who is also the incoming chairman of the house financial services committee. and mr. chairman, first of all, congratulations. >> thank you. good morning. >> good morning. thanks for being with us today. >> happy to do it. >> we hear all of this talk, we hear all the talk that's been leading up to this point. we know it's gone a little quieter at this point. maybe that's a good thing. i also know you've been pretty firm about this. you've said that elections do have consequences. the president is getting his revenues. now he's drawi
we have just 20 days left for the obama administration and house speaker boehner's office to reach a deal on the fiscal cliff. while talks continue privately between both, no public details of progression toward the compromise have been released. in the last hour, our guest, tony fratto who is the former press secretary and jerry bernstein agreed that we would likely get some sort of a deal, just perhaps not in a form that was widely expected. joining us right now is the first of many lawmakers...
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>> well, i think there is a certain -- on both your houses if that happens. but look, it is clear, president obama has the high side of public opinion in a macro level. >> but, john, to campaign individual districts? for me, that bothers me. i understand ginning up public support, but beaches and campaigns, it's govern, govern, govern, stay in washington, be with these people. govern. getting people to -- i'm getting e-mail every day. i got one from -- i don't know, from his people, joe, call your congressman, call your congressman. and i finally wrote back on one of them. you're still campaigning? would you please start governing? and they sent something back to me, if you have comment on policy, snd it to this meal. but i finally sent it back and said would you please just -- you're in. you're in for four more years. you don't need the cross-section of the united states behind you. as you say, i've got to pen. you won re-election. now govern, now lead. >> but, joe, from the white house point of view, which they feel was indicated by what happened in the ele
>> well, i think there is a certain -- on both your houses if that happens. but look, it is clear, president obama has the high side of public opinion in a macro level. >> but, john, to campaign individual districts? for me, that bothers me. i understand ginning up public support, but beaches and campaigns, it's govern, govern, govern, stay in washington, be with these people. govern. getting people to -- i'm getting e-mail every day. i got one from -- i don't know, from his people,...
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, saying he and president obama have their work cut out for them, is it time to get counselling, here is what some are tweeting the show. jason said, congress members are all spoiled and bratty kids, they need a firm hand to their back side, they should get paid for what they get done, no more salary. >> they need to get their heads out of politics and do what is right for the country. >> and does congress need counselling? 90% said yes, 10% said no. must have been their parents,. >> dave writes, medicare and social security are retirement programs we've been paying into for 40 years. >> i am 73 years old, and am sick of off
, saying he and president obama have their work cut out for them, is it time to get counselling, here is what some are tweeting the show. jason said, congress members are all spoiled and bratty kids, they need a firm hand to their back side, they should get paid for what they get done, no more salary. >> they need to get their heads out of politics and do what is right for the country. >> and does congress need counselling? 90% said yes, 10% said no. must have been their parents,....
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>>is the housing market really recovering? $17 trillion is riding on the answer. the president and ceo o citi mortgage joins us next. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beaeating] [heartbeat continues] [faint singing] [heartbeat, music playi loude ♪ i'm feeling better since you knome ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: thisong was created with heartbeats of children ineed. find out how it can help frontline e health workers bring hope to millions of children at everybeatmatters.org. lou: new rorts show foreign investment is heingthe housg market slowly recover. citimortgage president and ceo sanjiv das joins us here in just moments to discuss thatnd much more when it comesto housing. in the money lineonight, investors waiting cautiously to see whetether washington can wok out a deal to aid the scal cliff. stocks rising, well, modestly is a big, strg word for what happened. technology stocks helping the dow up 15 points. the s&p up a fraction, the nasdaq rose nine. tring light. te
>>is the housing market really recovering? $17 trillion is riding on the answer. the president and ceo o citi mortgage joins us next. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beaeating] [heartbeat continues] [faint singing] [heartbeat, music playi loude ♪ i'm feeling better since you knome ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: thisong was created with heartbeats of children ineed. find out how it can help...
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ed, you are rude when you go to the white house, you speak your -ind, and you are not intimidated. i have interviewed a lot of presidents myself, i am always intimidated. it -- i think what happens. with the ceos, they are shell shocked even for these guys, like the guys in chrysler building they go in there they don't know what to do. >> i'm a very literal person when i get an invite, they tell me they want me to speak my mind, i do, maybe i should be more little bit ily correct. but they are -- politically correct. they are good people are they are great leaders,. neil: has anyone declined? >> the ones that can fige out a raireally good excuse to not , don't go, it is a terrible distraction, their pr people are coaching them, and coaching them. they don't want to say something that will damage the shareholders, so they play the game. neil: you know, a lot of these guys, have said, and women, have been saying, mr. president, we think a deal shoul be struck, and revenues should be part. we don't like some of them said, i'm paraphrasing, we donnt like this dispractic dispractice por
ed, you are rude when you go to the white house, you speak your -ind, and you are not intimidated. i have interviewed a lot of presidents myself, i am always intimidated. it -- i think what happens. with the ceos, they are shell shocked even for these guys, like the guys in chrysler building they go in there they don't know what to do. >> i'm a very literal person when i get an invite, they tell me they want me to speak my mind, i do, maybe i should be more little bit ily correct. but...
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remember, the first thing that happened during the first obama administration for the housing market was the 2009 stimulus. that about $800 billion over a couple of years, but the fiscal cliff is more than the reverse of that. it's more than an anti-stimulus, and everything that the stimulus did to help the economy and the housing market, fully going over the fiscal cliff would do even more in the reverse direction. >> okay. >> that would be the worst thing. >> that would be the worst thing. putting aside the worst case scenario and the mortgage deduction cut first. we've made great strides, right, in terms of the housing recovery? if anything we're accelerating in the housing recovery this year. are the fundamentals strong enough to just be able to overstep any problems with the mortgage deduction? >> it depends what happens with the mortgage interest deduction and we don't know yet what the details will look like. no one is suggesting eliminating it immediately. the proposals are likely to be slowly over time. they are likely to be gradual or partial. the main effect of cutting bac
remember, the first thing that happened during the first obama administration for the housing market was the 2009 stimulus. that about $800 billion over a couple of years, but the fiscal cliff is more than the reverse of that. it's more than an anti-stimulus, and everything that the stimulus did to help the economy and the housing market, fully going over the fiscal cliff would do even more in the reverse direction. >> okay. >> that would be the worst thing. >> that would be...
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they have to resist the pressure of the white house, and if obama wants to take them over a cliff and wants to inherit a new recession which will destroy his second term, i think they ought to say if that's what you want, mr. president, we'll just do it. >> well said as always. charles krauthammer, thanks so much for being with us. appreciate it. >> it's a pleasure. >>> coming up, jones makes a grand return and gloats about the victory in the election. his speech was nothing short of offensive. we'll play it for you. you'll hear the less than civil rhetoric being spewed by the former green jobs czar. the situation in syria has hit critical mass that president assad is ready to launch chemical weapons on his own people. president obama issued a warning to assad. to assad. will he stand by his own try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make you
they have to resist the pressure of the white house, and if obama wants to take them over a cliff and wants to inherit a new recession which will destroy his second term, i think they ought to say if that's what you want, mr. president, we'll just do it. >> well said as always. charles krauthammer, thanks so much for being with us. appreciate it. >> it's a pleasure. >>> coming up, jones makes a grand return and gloats about the victory in the election. his speech was...
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fox news confirming president obama and the house speaker did talk on the phone today and traded proposals. advisers to the presidency the two sides are making progress. as with a market, stocks finished well off of flies, but still up solidly. the dow up 79 points, s&p nine, nasdaq 35. all three indexes moving above their 50 day moving averages for the first time in three months. volume picking up on the big board. three and a half billion shares traded. technology, the principal driver in the market. microsoft up on news it is up in production of its surface table, service tablet to better compete with apple, on a bullish report from merrill lynch about the growth of the smart phone and ipad markets. aig stock up on news the government sold the remaining common shares it holds. the sale means taxpayers realize the profit of $22 billion on the original bailout of 1,802,000,000,000. prices in the bond market down, pushing the yield on the treasury ten year to 165%. crude oil up. the price of a barrel of oil still under $86. the federal reserve and its today meeting on monetary policy and i
fox news confirming president obama and the house speaker did talk on the phone today and traded proposals. advisers to the presidency the two sides are making progress. as with a market, stocks finished well off of flies, but still up solidly. the dow up 79 points, s&p nine, nasdaq 35. all three indexes moving above their 50 day moving averages for the first time in three months. volume picking up on the big board. three and a half billion shares traded. technology, the principal driver in...
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even president obama, who won michigan by ten points last month, was unable to sway state lawmakers at the last minute during his visit to detroit. but governor snyder says it was the union who started this fight in the first place. >> i asked them not to go forward, and the reasons i said it is you're going to start a very divisive discussion regarding collective bargaining first, but it also will get into right to work. the right-to-work discussion continued to escalate and was becoming very divisive. the way i viewed it is it's on the table, it's a hot issue, let's show some leadership. so i said when i reviewed it, it's a good thing. it's about being pro-worker, it's about economic development. we will get more jobs coming to michigan because we're going to be more competitive. >> the governor also argued his state's union battle was completely different from what unfolded in wisconsin and ohio. >> i think it's important to make a distinction with wisconsin and ohio. that was about collective bargaining. that was about the relationship between employers and unions. this has nothing
even president obama, who won michigan by ten points last month, was unable to sway state lawmakers at the last minute during his visit to detroit. but governor snyder says it was the union who started this fight in the first place. >> i asked them not to go forward, and the reasons i said it is you're going to start a very divisive discussion regarding collective bargaining first, but it also will get into right to work. the right-to-work discussion continued to escalate and was becoming...
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>> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >> neil: that's what i'm hearing. driving it further apart. >> yeah, you not going to make it happen that way. there is beginning to be -- there are two conspiracy theories now. one is that the leaders won't mind if the country goes over the cliff because th
>> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal...